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Updated almost 6 years ago on . Most recent reply

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Russell Byrge
  • Member since Apr 4, 2019
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Russell Byrge's profile image
Russell Byrge's profile image
Russell Byrge
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Russell Byrge
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Starting Out

How does Railroad affect rent?

Russell Byrge
Posted

I am looking at picking my first property. A fixer upper duplex in Anderson County, TN. Doing the math the numbers will work. Basic numbers are purchase for 45k put 10k to fix it up, rent for 600 each side.

The only unknown for me is there are railroad tracks across the street from the property. Does anyone have experience with how this might influence normal rent rates?

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